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Vention closes a $95M USD Series C financing and concurrent $14M USD secondary offering

Fasken
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Overview

Client

Vention

On May 2022, Vention, the leading digital manufacturing automation platform, closed a US $95 million Series C financing round led by existing investor, Georgian Partners. New investor Fidelity Investment Canada ULC also joined the round, alongside existing investors White Star Capital, Bain Capital Ventures and Bolt Ventures.

Proceeds from the Series C financing round will be used to grow Vention's go-to-market, expand the company's global distribution footprint, and accelerate the development of its hardware and software platform.

Fasken, with a team comprised of Peter Villani, Julien Fournier and Émilie Barreca (student), acted as legal counsel to Vention in connection with the Series C financing round.

Jurisdiction

  • Québec

Team

  • Peter Villani, Partner | Mergers & Acquisitions, Montréal, QC, +1 514 397 4316, pvillani@fasken.com
  • Julien Fournier, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 7619, jufournier@fasken.com
  • Émilie Barreca, Associate | Emerging Technology & Venture Capital, Corporate/Commercial, Montréal, QC, +1 514 657 8781, ebarreca@fasken.com